
TOMORROW ON 26TH DEC.NIFTY SPOT MAY TRADE IN 4752-4655 RANGE,MAY CLOSE NEAR HIGHS OF DAY
IF OPENS FLAT AND WITH POSITIVE BIAS THEN NIFTY CAN BE SHORTED NEAR 4735-45 RANGE WITH SL ABV 4752 FOR TRGTS 4655 -4633 WHERE HUGE BUYING CAN BE INITIATED WITH SL BELOW 4610 FOR TRGTS OF 4752
IF OPENS WITH NEGATIVE BIAS MAY TAKE SUPPORT IN 4655-4633 RANGE,BUY NIFTY WITH SL BELOW 4610 FOR TRGTS 4752
NIFTY MAY FACE STIFF RES NEAR 479-4802 RANGE IF SUSTAINS ABV 4763
IF TRADE ABV 4791 THEN MAY GET EXPIRY NEAR 4900,
OPTIONS STRATEGY:
BUY 3 LOTS OF 4700 CE AND 2 LOTS OF 4800CE OF DEC SERIES NEAR 4650-60 RANGE
AND HEDGE IT WITH 1 LOT OF 4600PE OF DEC SERIES AND 1 LOT OF 4500PE OF JAN SERIES WHICH CAN BE BOUGHT AT OPEN NEAR 4735-50(IF OPENS WITH POSITIVE BIAS)
BUYING OF 1 LOT EACH OF 4700 CALLS CAN BE DONE AT 4694,4674 AND 4655 LEVELS
ON ANY UPMOVE NEAR 4791-4802 (ON TUESDAY OR WEDNESDAY)SELL ALL 3 LOTS OF 4700CE AND HOLD 4800CE FOR EXPIRY AND 4500PE OF JAN .
MORE UPDATES DURING MARKET HOURS
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